Many people in Buffalo find themselves overwhelmed while they are awaiting eventual settlement or jury verdicts in lawsuits against wrongdoers. In these cases, a lawsuit loan in Buffalo may be necessary to help individuals pay their everyday expenses and legal fees.
Our legal funding specialists in Buffalo are standing by to help you through the process of get cash quickly to pay for your lawsuit. You can call us at (866) 388-2288 to get started today.
What’s the Application Process Like for Legal Funding in Buffalo?
We try to make the lawsuit loan approval as streamlined as possible so that recipients can receive the money quickly. First, we will contact you and your attorney directly to discuss your case. When we are working to make our approval decision, we will look at various factors, including the following:
- Your financial needs
- How your case originally got started
- Your total expected compensation
- How long the case is expected to last
The approval process doesn’t require looking at your credit score. Your financial history doesn’t play a role in the legal funding decision that we make.
How Do You Repay a Lawsuit Loan?
When you receive pre-settlement funding in Buffalo for an ongoing lawsuit, this will not be like a typical loan. You will not be expected to make regular weekly or monthly payments right after you take out a lawsuit loan. Instead, you repayment comes after your case has reached a successful conclusion.
After your case is over with, your attorney will receive the final settlement check from the defendant and then send us the agreed-upon payback amount out of that total.
The type of loans that we provide are considered non-recourse, which means that recipients will not have to pay us back any money at all in the event they do not receive a final settlement or jury verdict in their favor.
Are Lawsuit Loans Legal in Buffalo?
Yes, lawsuit loans are legal in Buffalo. As non-recourse loans, recipients have extensive protections. We will not pursue repayment from your personal finances at any time for this type of loan, and you will owe us nothing if you lose your claim.
What Can You Spend Pre-Settlement Funding On?
Our legal funding specialists understand that people involved in ongoing lawsuits will have significant expenses if they are awaiting an eventual settlement or jury verdict. That is why we do not regulate how pre-settlement funding in Buffalo is spent.
We know that this money may be needed for a variety of expenses, including the following:
- Court costs and legal fees
- Ongoing medical bills
- Credit card or car loan payments
- Rent or mortgage payments
- Food expenses
- Utility bills
- Child care costs
- Vehicle repair bills
The goal of this legal funding is to ensure that you have the money that you need to hold you over until your case reaches an eventual settlement or jury verdict.
Contact Tribeca for Lawsuit Loan Help in Buffalo
If you’re involved in an ongoing lawsuit, you may not be able to wait for an eventual settlement or verdict to come.